US News & World Report: Beitner discusses European Stocks
In a January 4 U.S. News & World Report article, Chautauqua Capital's Brian Beitner discussed economic tailwinds benefitting the 2018 outlook for European stocks.
M&A activity there has been slow, but many European companies can afford to increase their leverage, Beitner says. While too much debt isn't healthy, Beitner says capital spending in Europe has been running at a 30-year low.
"If the companies can take on debt, they might have the funds necessary to improve their production equipment, transport fleets and labs," he says. "They may have the funds to acquire adjacent businesses or move into new geographies for acquisition and so forth. That could be very healthy for the European stock market generally."
Read the article on usnews.com.
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